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To: ETL

I’m betting on the bookies. When you total the odds, you see that 30% of the bets goes to the bookies.


16 posted on 01/16/2016 1:32:34 PM PST by norwaypinesavage (The Stone Age did not end because we ran out of stones)
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To: norwaypinesavage
I'm betting on the bookies. When you total the odds, you see that 30% of the bets goes to the bookies.

All things being equal, if you add up the odds, with 8 teams in the running, it should average out to 7-1. Here it actually adds up to 7.125 to 1.

4, 4, 4, 5, 6, 8, 8, 18 = 57

57/8 = 7.125

18 posted on 01/16/2016 1:41:49 PM PST by ETL (Ted Cruz 2016!! -- For a better, safer America)
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